From Lagos to Nairobi

In a significant vote of confidence in Africa’s innovation economy, Novastar Ventures has closed the final round of its third venture fund, securing $147 million to back promising startups across the continent. The fund, known as the Novastar Ventures Africa People and Planet Fund III (NVIII), exceeded its predecessor’s size and marks a meaningful increase in…

Starlink, the satellite internet business owned by Elon Musk’s SpaceX, has sharply criticised the recent decision by Namibia’s telecom regulator to reject its application for a licence to operate in the country. The company called the regulator’s reasoning “misleading” and has urged Namibians to request a formal appeal of the decision. What Happened Last week,…

The Lagos State Internal Revenue Service (LIRS) has officially extended the individual tax filing deadline from March 31 to April 14, 2026, citing widespread access issues on its e-tax portal as the reason for the adjustment. This move is aimed at giving residents sufficient time to meet their tax obligations without incurring penalties. The extension…

The African tech ecosystem is booming, but one question still sparks heated debate: which type of funding truly drives innovation—angel investors or venture capital? Both play crucial roles, yet their strategies, risk appetites, and impacts differ significantly. Understanding these differences is key for any founder navigating Africa’s fragmented markets, from Lagos to Nairobi to Cairo.…

After dropping out of university, a young Nigerian entrepreneur has defied conventional expectations by building an AI-powered shopping assistant tailored to the needs of local consumers. Her journey reflects a growing wave of innovation across Africa, where determination, self-learning, and technology are reshaping what success looks like. Like many young Nigerians, her path began within…

South Africa’s tax authority is tightening its grip on online earners, signaling a new era of enforcement in the country’s rapidly expanding digital economy. The South African Revenue Service (SARS) has increasingly turned its attention to social media influencers, content creators, freelancers, and individuals generating income through digital platforms, warning that all earnings—whether cash or…